Compound Interest Worksheet
The method (Year by year): Year 1: add R% of P. Year 2: add R% of the new amount. Carry on for each year. Amount = P × (100 + R)ⁿ ÷ 100ⁿ; compound interest = amount − P. For 2 years, CI − SI = P × R × R ÷ 10000.
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- 1.What is the difference between the compound interest and the simple interest on ₹7400 at 20% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
- 4.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
- 6.Find the amount when ₹20975 is invested at 20% per year compound interest for 2 years (in ₹).
- 7.Find the amount when ₹43200 is invested at 5% per year compound interest for 2 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
- 9.Find the compound interest on ₹45875 at 20% per year for 3 years, added every year (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹23100 at 10% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹46250 at 12% per year for 2 years, added every year (in ₹).
- 12.Find the amount when ₹9750 is invested at 20% per year compound interest for 2 years (in ₹).
- 13.Find the compound interest on ₹25000 at 10% per year for 3 years, added every year (in ₹).
- 14.Find the compound interest on ₹22775 at 20% per year for 2 years, added every year (in ₹).
- 15.Find the compound interest on ₹25350 at 20% per year for 2 years, added every year (in ₹).
- 16.Find the compound interest on ₹19250 at 20% per year for 3 years, added every year (in ₹).
- 17.Find the amount when ₹15725 is invested at 20% per year compound interest for 2 years (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹27600 at 15% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹29600 at 5% per year for 2 years (in ₹)?
- 20.Find the amount when ₹24375 is invested at 4% per year compound interest for 2 years (in ₹).
- 21.Find the compound interest on ₹15625 at 8% per year for 2 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
- 23.Find the compound interest on ₹6250 at 12% per year for 2 years, added every year (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹31600 at 25% per year for 2 years (in ₹)?
- 25.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹23600 at 5% per year for 2 years (in ₹)?
- 27.Find the compound interest on ₹38000 at 10% per year for 3 years, added every year (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹38400 at 10% per year for 2 years (in ₹)?
- 29.What is the difference between the compound interest and the simple interest on ₹2800 at 25% per year for 2 years (in ₹)?
- 30.Find the amount when ₹28750 is invested at 4% per year compound interest for 2 years (in ₹).
- 31.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
- 33.What is the difference between the compound interest and the simple interest on ₹12500 at 4% per year for 2 years (in ₹)?
- 34.What is the difference between the compound interest and the simple interest on ₹22500 at 12% per year for 2 years (in ₹)?
- 35.What is the difference between the compound interest and the simple interest on ₹42500 at 4% per year for 2 years (in ₹)?
- 36.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹48800 at 5% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹50000 at 5% per year for 2 years (in ₹)?
- 39.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 40.Find the compound interest on ₹37500 at 8% per year for 2 years, added every year (in ₹).
Answer key
- 296
- 240
- 96
- 19683
- 144
- 30204
- 47628
- 112
- 33397
- 231
- 11766
- 14040
- 8275
- 10021
- 11154
- 14014
- 22644
- 621
- 74
- 26364
- 2600
- 80
- 1590
- 1975
- 35152
- 59
- 12578
- 384
- 175
- 31096
- 2522
- 64
- 20
- 324
- 68
- 36501
- 122
- 125
- 12174
- 6240
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